Storm Lake, IA · standard
ZIP Code 50588
Buena Vista County, Iowa - Census ACS demographics, housing tenure, and business patterns, benchmarked against every US ZIP.
- 12,756
- 36/sq mi
- $70,906
- Median income
- $184,900
- Median home value
- 22.3%
- Bachelor's or higher
The verdict
Storm Lake pairs a below-median household income with below-median home values, in a rural, homeowner-dominated area.
- 48th pct
- household income, US ZIPs
- 39th pct
- home value, US ZIPs
- 36
- people per sq mi
- 69%
- owner-occupied homes
Source: U.S. Census Bureau ACS 5-Year Estimates (2019–2023). Percentiles rank ZIP 50588 against every reporting US ZIP.
ZIP code 50588 is a mid-sized community (a standard USPS delivery area) in Storm Lake, Buena Vista County, Iowa, home to 12,756 residents across 356.3 square miles, a density of 36 people per square mile, in the Chicago time zone.
ZIP 50588 lands in the middle-income range, with a median household income of $70,906 (7% below the Iowa average), while per-capita income is $32,895. 7.7% of residents live below the poverty line, and the unemployment rate reads 4.0%. On housing, the median home value is $184,900 (5% above the state average) with median rent at $897 per month, and 69.3% of occupied units are owner-occupied.
Educational attainment sits below the national norm: 22.3% of adults hold a bachelor's degree or higher, the median age is 32.2, and the average commute is 11 minutes. Beyond these figures, 2 nearby ZIP codes within about 10 miles are surfaced below, along with 6 more sharing Buena Vista County, letting you compare 50588 to its immediate surroundings rather than a national baseline alone.
Every figure on this page is sourced from the U.S. Census Bureau American Community Survey 5-Year Estimates (including median rent) and the FHFA House Price Index, no estimates, no proprietary scoring. Verify with Census →
Top industries in ZIP 50588
Top 5 sectors by establishment count in Storm Lake, IA
Which industries have the most business establishments in ZIP 50588.
- Retail trade
Retail trade
69 establishments
- Health care and social assistance
Health care and social assistance
34 establishments
- Accommodation and food services
Accommodation and food services
33 establishments
- Other services (except public administration)
Other services (except public administration)
31 establishments
- Finance and insurance
Finance and insurance
29 establishments
What this shows Establishment counts come from the Census ZIP Code Business Patterns program, which counts physical business locations rather than employees or revenue.
Source: U.S. Census Bureau, American Community Survey 5-Year Estimates + ZIP Code Business Patterns + FHFA HPI ACS demographics and median rent, ZBP business establishments, FHFA HPI for ZIP 50588, Storm Lake, IA · 2023 Census ACS 5-Year Estimates use a rolling 60-month sample for stable small-geography estimates; ZBP updated annually; FHFA HPI updated quarterly/annually.
Quick Facts
12,756
Population
356.3
Area (sq mi)
36
People / sq mi
Chicago
Time Zone
standard
ZIP Type
Who lives in ZIP 50588?
32.2
Median Age
48.8%
Male
51.2%
Female
27.6%
Foreign-Born
Hispanic or Latino is an ethnicity category from the Census Bureau and may overlap with other categories above.
Source: U.S. Census Bureau, ACS 5-Year Estimates (2023)
How much do residents earn?
$70,906
Median Household Income
-7% vs state
$32,895
Per Capita Income
7.7%
Poverty Rate
4.0%
Unemployment Rate
10.9 min
Mean Commute Time
How ZIP 50588 ranks nationally
Storm Lake, IA household income vs. every US ZIP code
Median household income, the full national distribution, with this ZIP marked
$70,906 48th percentile higher than 48% of 30,318 US ZIPs
Each bar is a $20K-wide band; taller bars hold more US ZIPs. The dashed line + filled bar mark this entry. Hover or tap any bar for its full count, share, and where it sits relative to this entry.
Source U.S. Census Bureau, ACS 5-Year Estimates · 2019–2023
Source: U.S. Census Bureau, ACS 5-Year Estimates (2023)
What is the education profile here?
Source: U.S. Census Bureau, ACS 5-Year Estimates (2023)
What does housing look like?
4,929
Total Housing Units
4,630
Occupied Units
299
Vacant Units
2.72
Avg Household Size
Occupancy Type
$184,900
Median Home Value
+5% vs state
$897
Median Rent
1969
Median Year Built
Source: U.S. Census Bureau, ACS 5-Year Estimates (2023)
How have home values changed over time?
FHFA House Price Index, annual appreciation data based on repeat sales and appraisals
+12.5%
YoY Change (2024)
237
HPI Index (2000 = 100)
+137%
Total Change Since 2000
Home values in ZIP 50588 have increased 12.5% over the past year (2024). Since 2000, this ZIP has seen +137% cumulative appreciation.
| Year | Annual Change | HPI Index |
|---|---|---|
| 2020 | +0.6% | 170 |
| 2021 | +8.2% | 184 |
| 2022 | +15.7% | 212 |
| 2023 | -1.0% | 210 |
| 2024 | +12.5% | 237 |
Source: Federal Housing Finance Agency (FHFA) House Price Index, All-Transactions, Five-Digit ZIP Codes (Developmental Index). Index base = 100 in year 2000. Data through 2024. ZIP codes with few transactions may show missing values.
What businesses operate in this ZIP?
Census Bureau data shows 339 business establishments in ZIP 50588, employing approximately 7,940 people with a combined annual payroll of $356,730,000.
339
Businesses
7,940
Employees
$356.7M
Annual Payroll
16
Industry Sectors
| Industry | Establishments | % of Total |
|---|---|---|
| Retail trade | 69 | 20.4% |
| Health care and social assistance | 34 | 10.0% |
| Accommodation and food services | 33 | 9.7% |
| Other services (except public administration) | 31 | 9.1% |
| Finance and insurance | 29 | 8.6% |
| Construction | 26 | 7.7% |
| Professional, scientific, and technical services | 23 | 6.8% |
| Manufacturing | 20 | 5.9% |
| Transportation and warehousing | 16 | 4.7% |
| Wholesale trade | 14 | 4.1% |
| Real estate and rental and leasing | 12 | 3.5% |
| Administrative and support and waste management and remediation services | 10 | 3.0% |
| Information | 7 | 2.1% |
| Arts, entertainment, and recreation | 5 | 1.5% |
| Agriculture, forestry, fishing and hunting | 4 | 1.2% |
| Educational services | 3 | 0.9% |
Source: U.S. Census Bureau, ZIP Code Business Patterns (ZBP), 2023. Employment figures may include noise for disclosure avoidance.
Nearby ZIP Codes
Want a side-by-side? Compare 50588 vs 50576 →
ZIP 50588 vs its nearest neighbors, by population
Resident population of this ZIP and the closest reporting ZIP codes within ~10 miles.
- 50588
Storm Lake (50588)
12,756 residents
- 50576 423
Rembrandt (50576)
423 residents
- 50567 226
Nemaha (50567)
226 residents
What this shows Among its immediate neighbors, ZIP 50588 ranks the most populous - useful context the national average alone can't give.
ZIP 50588 vs its nearest neighbors, by median income
Median household income of this ZIP and the closest reporting ZIP codes within ~10 miles.
- 50567
Nemaha (50567)
$78,125 median income
- 50588
Storm Lake (50588)
$70,906 median income
- 50576
Rembrandt (50576)
$67,500 median income
What this shows By household income, ZIP 50588 ranks #2 of 3 neighboring ZIPs, local affluence varies block to block, not just metro to metro.
More ZIP Codes in Buena Vista County
Related Areas
Frequently Asked Questions
What county is ZIP code 50588 in? ▼
What is the population of ZIP code 50588? ▼
What is the median household income in ZIP 50588? ▼
What is the average home value in ZIP 50588? ▼
What is the demographic makeup of ZIP 50588? ▼
How many businesses are in ZIP code 50588? ▼
What are the main industries in ZIP code 50588? ▼
How have home values changed in ZIP code 50588? ▼
What is the education level in ZIP code 50588? ▼
What is the average commute time in ZIP 50588? ▼
What percentage of residents own vs. rent in ZIP 50588? ▼
What is the poverty rate in ZIP code 50588? ▼
Read our methodology to see how this data is sourced, computed, and verified.